Osaic Holdings Inc. Buys 32,352 Shares of Pentair plc $PNR

Osaic Holdings Inc. lifted its position in Pentair plc (NYSE:PNR) by 83.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 71,273 shares of the industrial products company’s stock after purchasing an additional 32,352 shares during the quarter. Osaic Holdings Inc.’s holdings in Pentair were worth $6,980,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in PNR. Valeo Financial Advisors LLC acquired a new position in Pentair in the second quarter valued at about $102,945,000. Ameriprise Financial Inc. boosted its holdings in shares of Pentair by 373.8% in the 1st quarter. Ameriprise Financial Inc. now owns 1,137,682 shares of the industrial products company’s stock worth $99,523,000 after acquiring an additional 897,585 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Pentair by 19.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,129,805 shares of the industrial products company’s stock worth $361,275,000 after acquiring an additional 661,154 shares in the last quarter. Amundi grew its position in Pentair by 13.6% during the 1st quarter. Amundi now owns 4,974,612 shares of the industrial products company’s stock worth $412,033,000 after acquiring an additional 594,989 shares during the last quarter. Finally, Panagora Asset Management Inc. increased its holdings in Pentair by 77.4% during the 2nd quarter. Panagora Asset Management Inc. now owns 1,179,687 shares of the industrial products company’s stock valued at $121,107,000 after purchasing an additional 514,571 shares in the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.

Insider Buying and Selling at Pentair

In other Pentair news, Director T Michael Glenn sold 6,558 shares of the stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $104.33, for a total value of $684,196.14. Following the transaction, the director owned 31,192 shares of the company’s stock, valued at approximately $3,254,261.36. This represents a 17.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Robert P. Fishman sold 7,786 shares of the firm’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $105.42, for a total value of $820,800.12. Following the transaction, the chief financial officer owned 63,164 shares in the company, valued at approximately $6,658,748.88. This trade represents a 10.97% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms have commented on PNR. Weiss Ratings reissued a “buy (b-)” rating on shares of Pentair in a research note on Wednesday, October 8th. Oppenheimer upped their price target on shares of Pentair from $124.00 to $128.00 and gave the stock an “outperform” rating in a research report on Thursday, November 20th. Citigroup increased their price objective on shares of Pentair from $126.00 to $133.00 and gave the stock a “buy” rating in a report on Thursday, October 9th. JPMorgan Chase & Co. boosted their target price on shares of Pentair from $116.00 to $126.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Finally, Wall Street Zen upgraded shares of Pentair from a “hold” rating to a “buy” rating in a research report on Sunday, December 14th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $121.07.

Pentair Stock Performance

Pentair stock opened at $103.82 on Monday. Pentair plc has a 1 year low of $74.25 and a 1 year high of $113.95. The company’s 50-day moving average is $106.33 and its two-hundred day moving average is $105.93. The company has a current ratio of 1.46, a quick ratio of 0.82 and a debt-to-equity ratio of 0.42. The company has a market cap of $16.99 billion, a PE ratio of 26.35, a PEG ratio of 2.00 and a beta of 1.21.

Pentair (NYSE:PNR) last posted its quarterly earnings results on Tuesday, October 21st. The industrial products company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.18 by $0.06. Pentair had a net margin of 15.84% and a return on equity of 21.83%. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1 billion. During the same period in the previous year, the firm posted $1.09 earnings per share. Pentair’s revenue for the quarter was up 2.9% compared to the same quarter last year. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS and its FY 2025 guidance at 4.850-4.900 EPS. Equities analysts anticipate that Pentair plc will post 4.77 earnings per share for the current year.

Pentair Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 6th. Stockholders of record on Friday, January 23rd will be paid a $0.27 dividend. This is an increase from Pentair’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Friday, January 23rd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.0%. Pentair’s dividend payout ratio (DPR) is currently 27.41%.

Pentair Profile

Pentair plc (NYSE: PNR) is a global provider of water treatment and fluid management solutions. The company designs, manufactures and sells a broad range of products that move, treat, monitor and control the flow of water and other fluids across residential, commercial, industrial and municipal markets. Pentair’s offerings are focused on improving water quality, conserving resources and enabling efficient fluid handling in applications from household water systems and pools to large-scale industrial and municipal installations.

Product lines include pumps and pumping systems, water filtration and purification equipment, valves and controls, heat exchangers, pool and spa systems, and a range of aftermarket parts and services.